Expensify, Inc. EXFY Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 49.6%-2.8pp | 50.3%-3.5pp | 50.8%-3.7pp | 51.3%-3.2pp | 52.4%-2.0pp | |
| Operating margin | -13.2%— | -12.7%— | —— | —— | —— | |
| Net margin | -14.7%-8.0pp | -15.1%-7.8pp | -10.8%+0.8pp | -10.7%+11.5pp | -6.7%+20.6pp | |
| EBITDA margin | -7%-11.4pp | -6.7%-10.6pp | -4.2%-3.4pp | -2.6%+9.7pp | 4.5%+23.2pp | |
| Free cash flow margin | 8.8%-11.0pp | 14.1%-3.0pp | 17.6%— | 17.2%— | 19.8%— | |
| Returns | ||||||
| Return on equity | -15.1%-7.2pp | -16.4%-7.6pp | -12.2%+2.6pp | -12.6%+16.2pp | -7.8%+29.7pp | |
| Return on assets | -10.8%-5.8pp | -11.9%-6.2pp | -8.6%-0.4pp | -8.1%+7.0pp | -5%+14.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.8×0.0× | 0.8×+0.1× | 0.8×+0.1× | 0.8×0.0× | |
| Liquidity | ||||||
| Current ratio | 3.5×+0.2× | 3.3×-0.3× | 3.4×+0.6× | 3.1×+0.9× | 3.3×+1.2× | |
| Quick ratio | 3.5×+0.2× | 3.3×-0.3× | 3.4×+0.6× | 3.1×+0.9× | 3.3×+1.2× | |
| Cash ratio | 2.4×+0.4× | 2.3×-0.1× | 2.4×+0.6× | 2.1×+0.6× | 2×+0.6× | |
| Per Share | ||||||
| Book value per share | $1.48+0.4% | $1.44-2.0% | $1.47+7.8% | $1.43+8.5% | $1.47+17.6% | |
| Valuation | ||||||
| Market capitalization | $172.62M-24.4% | $140.49M-52.9% | $171.4M+1.0% | $230.08M+81.4% | $277.89M+80.4% | |
| Price / sales | 1.2×-0.3× | 1×-1.2× | 1.2×0.0× | 1.6×+0.7× | 2×+0.9× | |
| Price / book | 1.2×-0.5× | 1.1×-1.3× | 1.3×-0.2× | 1.7×+0.6× | 2.1×+0.6× | |
| Free cash flow yield | 7.1%-3.7pp | 14.3%+6.3pp | 14.7%— | 10.8%— | 10.1%— | |
| Earnings yield | -11.9%-5.1pp | -15.2%-11.9pp | -9.1%+0.3pp | -6.7%+17.5pp | -3.4%+22.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Expensify, Inc.'s profit margins?
- Expensify, Inc. (EXFY) runs a 49.6% gross margin and a -13.2% operating margin, with a -14.7% net margin.
- Where do Expensify, Inc.'s ratios come from?
- Every ratio is computed from Expensify, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
